IShares Select Correlations

DVY ETF

USD 151.91 -1.36 -0.89%

Current 90-days correlation between iShares Select Dividend and iShares MSCI Emerging is 0.45 (i.e., Weak diversification).Pairwise correlation with sector peers establishes whether the stock offers truly differentiated exposure.

Market Correlation for IShares Select

Weak diversification

The correlation between IShares Select and Dow Jones is 0.55, which Macroaxis classifies as Weak diversification for the selected horizon. A 0.55 reading means IShares Select and Dow Jones have partial price overlap, providing moderate risk reduction when paired.

IShares Select has a market cap of 21.97 B. Current ratio above 1.0 generally signals adequate short-term liquidity coverage. Historical return correlation between positions is a key input for construction decisions. Broader economic conditions can influence iShares Select Dividend's ETF valuation - related indicators include signals in unemployment.

Moving together with IShares ETF

0.87	VOE	Vanguard Mid Cap	Pair Corr
0.73	SDY	SPDR SAMPP Dividend	Pair Corr
0.73	IWS	iShares Russell Mid	Pair Corr
0.79	FVD	First Trust Value	Pair Corr
0.85	SPYD	SPDR Portfolio SAMPP	Pair Corr
0.71	COWZ	Pacer Cash Cows	Pair Corr
0.68	IJJ	iShares SAMPP Mid	Pair Corr
0.83	DON	WisdomTree MidCap	Pair Corr
0.92	RPV	Invesco SAMPP 500	Pair Corr
0.65	BSV	Vanguard Short Term	Pair Corr
0.75	XLI	Industrial Select Sector	Pair Corr
0.61	PG	Procter Gamble	Pair Corr
0.72	CAT	Caterpillar Earnings Call This Week	Pair Corr

Moving Against IShares ETF

0.33	IRE	Tidal Trust II Downward Rally	Pair Corr
0.32	VXX	iPath Series B Low Volatility	Pair Corr

Related Correlations Analysis

	ACWI	IUSV	USMV	IDEV	EEM	IYW	MDY	USHY	EWJ	XLI
ACWI		0.92	0.58	0.91	0.95	0.84	0.86	0.94	0.73	0.68	ACWI
IUSV	0.92		0.72	0.93	0.86	0.62	0.88	0.88	0.83	0.78	IUSV
USMV	0.58	0.72		0.67	0.5	0.24	0.53	0.49	0.61	0.71	USMV
IDEV	0.91	0.93	0.67		0.92	0.57	0.84	0.88	0.92	0.77	IDEV
EEM	0.95	0.86	0.5	0.92		0.76	0.85	0.88	0.79	0.7	EEM
IYW	0.84	0.62	0.24	0.57	0.76		0.67	0.79	0.31	0.35	IYW
MDY	0.86	0.88	0.53	0.84	0.85	0.67		0.82	0.73	0.85	MDY
USHY	0.94	0.88	0.49	0.88	0.88	0.79	0.82		0.71	0.61	USHY
EWJ	0.73	0.83	0.61	0.92	0.79	0.31	0.73	0.71		0.77	EWJ
XLI	0.68	0.78	0.71	0.77	0.7	0.35	0.85	0.61	0.77		XLI
	ACWI	IUSV	USMV	IDEV	EEM	IYW	MDY	USHY	EWJ	XLI

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IShares Select Constituents Risk-Adjusted Indicators

Headline performance for IShares ETF may not fully reflect how the business compares across its competitive set. Reviewing IShares Select's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ACWI	0.81	0.06	0.06	0.06	0.90	-0.88	1.66	-1.74	4.27
IUSV	0.51	0.03	0.04	0.04	0.69	-0.48	1.09	-1.30	2.92
USMV	0.44	-0.01	-0.01	-0.01	0.59	-0.45	1.05	-1.00	2.85
IDEV	0.93	0.05	0.03	0.04	1.26	-0.91	2.22	-2.05	5.82
EEM	1.30	0.14	0.08	0.10	1.71	-1.31	2.78	-3.20	7.64
IYW	1.25	0.15	0.09	0.12	1.49	-1.22	2.65	-2.32	6.80
MDY	0.82	0.07	0.07	-0.68	0.98	-0.88	1.95	-1.74	5.54
USHY	0.23	0.00	0.01	0.00	0.28	-0.26	0.49	-0.46	1.42
EWJ	1.19	0.05	0.03	0.04	1.48	-1.25	2.89	-2.45	7.57
XLI	0.94	0.10	0.08	-0.97	1.10	-0.96	1.87	-1.93	5.36